CMM capricorn metals ltd

Ann: MGGP Prefeasibility & Maiden Ore Reserve Presentation, page-5

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    "To such a degree that our AISC has risen less than the CPI since production commenced.'

    well you just self destructed your argument !

    That low AISC is related to their exceptional operational management and planning (compared to other gold miners) on what most would consider uneconomic resources due to low grade , and would only reinforce the argument the opportunity cost of capital for them due to their excellent managerial skills is far higher than the 5% they use for their discount rate in the NPV.
 
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